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Petra Sells the 424.89 Ct ‘Legacy of the Cullinan Diamond Mine’ for Almost US$15 Mn

May 15, 2019

Petra Diamonds has announced the sale of the 424.89 carat ‘Legacy of the Cullinan Diamond Mine’ to Stargems Group / Choron (Belgium) BVBA for just under US$15 million.

“This exceptional D colour Type IIa gem mined from the Cullinan C-Cut adds to the most famous diamonds to have originated from this historic mine,” Petra emphasised.

Richard Duffy, Petra’s Chief Executive Officer, said: “This is a significant sale for Petra Diamonds and an endorsement of the quality not only of the Legacy diamond, but also the Cullinan ore body itself, which is known for its exceptional stones.”

Shailesh Javeri, Chairman of Stargems Group commented: “The Cullinan Diamond Mine has produced some of the most iconic diamonds the world has ever seen and as a key client of Petra Diamonds we are honoured to have the opportunity to polish the ‘Legacy of the Cullinan Diamond Mine.”

Pic Cap: The 424.89 Ct ‘Legacy of the Cullinan Diamond Mine’

Pic Courtesy: Petra Diamonds

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